Inchcape (LON:INCH) Stock Gets Price Target Cut from Berenberg Bank

Inchcape (LON:INCH) had its price target lowered by Berenberg Bank from GBX 1,170 to GBX 970 in a report released on Thursday,Digital Look reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on INCH. Citigroup raised their price target on shares of Inchcape from GBX 1,274 to GBX 1,277 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,050 price objective on shares of Inchcape in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Inchcape from GBX 830 to GBX 870 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Inchcape presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,011.75.

Inchcape Trading Up 1.0%

Shares of Inchcape stock opened at GBX 632.03 on Thursday. The company’s fifty day simple moving average is GBX 770.42 and its 200-day simple moving average is GBX 797.48. The company has a market cap of £2.15 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 2.06 and a beta of 0.97. The company has a current ratio of 1.03, a quick ratio of 0.51 and a debt-to-equity ratio of 125.11. Inchcape has a 1 year low of GBX 604.50 and a 1 year high of GBX 895.

Inchcape (LON:INCH) last announced its earnings results on Tuesday, July 28th. The company reported GBX 35.50 earnings per share (EPS) for the quarter. Inchcape had a net margin of 2.44% and a return on equity of 19.59%. As a group, sell-side analysts expect that Inchcape will post 85.96 EPS for the current year.

Inchcape declared that its Board of Directors has approved a share repurchase plan on Tuesday, July 28th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other news, insider Tracy Clarke bought 3,029 shares of Inchcape stock in a transaction that occurred on Tuesday, July 28th. The stock was purchased at an average cost of GBX 819 per share, with a total value of £24,807.51. 13.75% of the stock is currently owned by company insiders.

Key Stories Impacting Inchcape

Here are the key news stories impacting Inchcape this week:

• Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 1,050 price target, implying substantial upside from current levels and signaling confidence in Inchcape’s longer-term prospects. Jefferies recommendation
• Positive Sentiment: Berenberg retained its “buy” rating, although it reduced its target from GBX 1,170 to GBX 970. The continued buy recommendation indicates the broker views the recent weakness as excessive relative to Inchcape’s longer-term value. Berenberg recommendation
• Neutral Sentiment: Changan plans to take direct control of the Deepal brand in Australia, ending Inchcape’s role as distributor. The move could reduce Inchcape’s exposure to the brand, although factory backing may support Deepal’s expansion and limit disruption to customers. Inchcape Q3 2026 revenue article Changan Deepal Australia article
• Negative Sentiment: Inchcape reported third-quarter revenue growth of 7% to £2.5 billion, but lowered its operating-margin outlook. The downgrade raises concerns about profitability, cost pressures and the quality of earnings growth, likely outweighing the positive revenue performance in the near term. Q3 2026 results article
• Negative Sentiment: Deutsche Bank cut its price target from GBX 870 to GBX 750 and downgraded its stance to “hold.” The lower valuation reflects reduced confidence following the margin-outlook revision and may add pressure to the stock. Deutsche Bank recommendation

About Inchcape

Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth. Our distribution platform connects the products of mobility company partners with customers, and our responsibilities span product planning and pricing, import and logistics, brand and marketing to operating digital sales, managing physical sales and aftermarket service channels.